Paper Title
Assessment of Policy Schemes to Foster Energy Refurbisment of Multi-Apartment Buildings

Abstract
The article deals with barriers of large-scale refurbishment of residential multi-apartment buildings and provides comparative assessment of policy schemes to overcome these barriers in order to foster refurbishment of residential multi-flat apartments buildings. The main major policy schemes related to climate change mitigation in buildings sector were identified and assessed: fiscal and economic instruments such as tax incentives, subsidized loans or measures to increase energy prices and eliminate harmful energy subsidies; regulatory measures such as product and device standards, building codes, ESCO participation, regulatory-normative and information and voluntary actions such as voluntary agreements, training and awareness-raising programs and campaigns, etc. While most countries in the world have introduced policies to reduce greenhouse gas emissions from the buildings sector, these policies have not led to a significant reduction in GHG emissions. Many studies have been carried out to show why the energy saving potential of buildings is not fully realized. One of the major obstacles to energy efficiency and the reduction of greenhouse gas emissions in buildings is that policies of reducing greenhouse gas emissions in buildings is usually multi-faceted and involves more than one stakeholder. Many countries have implemented financial incentives such as capital subsidies, subsidies, subsidized loans and loan discounts to encourage building owners and residents to invest in energy efficiency measures and equipment, but these support measures are not sufficient for realization of full energy saving potential in residential buildings as the more complex measures are necessary to overcome barriers therefore financial and economic instruments need to be combined with information campaigns and training programs, ESCO involvement etc. in order to create effective policy schemes and achieve full realization of energy saving potential. Keywords- barriers of renovation of residential buildings, policy schemes to promote refurbishment of residential multi-flat buildings.